Year: 2020
December 2020
The pandemic and the associated lockdowns have severely impacted the infrastructure sector, along with the rest of the economy. Kick-starting infrastructure activity will require an enormous corpus of funding. Policymakers must find ways to attract […]
Technological Advancements: Focus on industrial wastewater recycling and reuse practices
The country’s industrial water requirement is significant, only next to that for municipal and irrigation purposes. Heavy industries such as power, iron and steel, and oil as well as others including sugar, textiles, and pulp […]
Gaining Prominence: SWFs and pension funds to play a crucial role
The infrastructure sector has been an attractive destination for sovereign wealth funds (SWFs) and pension funds to invest their capital in the long term for earning stable returns. Infrastructure assets are best suited to the […]
Steady Growth: IR’s initiatives, targets and expansion plans
Indian Railways (IR) has been the backbone of the country’s economy and social development since Independence. With the development of the road and civil aviation sectors, IR’s share in transportation witnessed a slump. The share […]
Opportunity in Adversity: Distressed assets being eyed by investors
The distressed asset space in the country is abounding with opportunities. Certain adverse factors such as a serious liquidity crunch, slowing economic growth and the disruption caused by the Covid-19 pandemic have fuelled the number […]
Growing Apace: Initiatives taken for electrification of railway lines
Electrification is a major focus area for Indian Railways (IR) in view of cost savings from electric traction and a reduced carbon footprint. The national transporter has set a target of 100 per cent electrification […]
Sustained Interest: PE players show confidence in infrastructure sectors
Over the past few years, India has become one of the favoured destinations for infrastructure investments. Private equity (PE) players have assumed importance in catalysing infrastructure development. Their journey in the domestic market has evolved […]
SC approves refund to passengers for cancelled tickets during lockdown
The Supreme Court has approved the formulation drafted by the DGCA to refund passengers for cancelled tickets during the lockdown. Airlines will have the option of creating a credit shell in the name of the […]
Making Headway: Industries take recycling and reuse initiatives to achieve ZLD standards in operations
The huge unmet demand for fresh water for potable purposes has made it essential for the industrial sector to adopt water efficient practices. To this end, various players in water-intensive sectors such as power generation, […]
Transforming IR
Railway infrastructure is witnessing rapid development with various upcoming and ongoing mega projects in the pipeline. Construction work on these projects has been progressing in full swing after overcoming the impediments caused by the Covid-19 […]
Long Road Ahead: Growing prospects for InvITs and IDFs
Infrastructure investment trusts (InvITs) have gained momentum in the recent past. The product is being seen as a potential source for infrastructure financing for developers and a lucrative investment avenue by long-term investors. With the […]
CBIC further postpones implementation of Sea Cargo Manifest and Transshipment Regulations
The Central Board of Indirect Taxes and Customs has further postponed the implementation and go-live date of the Sea Cargo Manifest and Transshipment Regulations from October 1, 2020 to March 31, 2021. The deadline was […]
Government allows foreign crew to embark on vessels at Indian ports
In a significant development, the government has allowed foreign crew to embark on vessels at Indian ports. The development comes as a follow up to the government’s decision in July 2020 to let foreign seafarers […]
APM Pipavav reduces terminal handling charges
APM Terminals Pipavav has reduced the terminal handling charges for empty containers by 25 per cent for vessels sailing from November 16, 2020 to December 31, 2020. The move is expected to help exporters who […]
Tata Power secures letter of intent for Odisha’s WESCO and SOUTHCO discoms
Tata Power has received the letter of intent from the Odisha Electricity Regulatory Commission for the distribution and retail supply of electricity in Odisha in five circles (Rourkela, Burla, Bhawanipatna, Bolangir, Bargargh) of WESCO and […]
EESL signs pact with Goa government for decentralised solar power projects
Energy Efficiency Services Limited (EESL) has signed an agreement with the Goa government to implement decentralised solar power projects in the state. This is the first initiative under the newly formed Convergence Energy Services Limited, […]
Dadra and Nagar Haveli and Daman and Diu discom invites bids to acquire majority stake
The UT of Dadra & Nagar Haveli and Daman & Diu has invited bids to acquire a 51 per cent stake in its distribution company, responsible for the distribution and retail supply of electricity. The […]
Punjab and Haryana High Court stays privatisation of Chandigarh electricity distribution
The Punjab and Haryana High Court has stayed the privatisation bid of Chandigarh’s Electricity Department. As per the order, selling 100 per cent stake of the government is not legally sustainable, and violates Section 131(2) […]
Solar power tariff records all-time low of Rs 2 per unit
In an auction conducted by the Solar Energy Corporation of India (SECI) for 1,070 MW of solar power projects, the tariff discovered reached an all-time low of Rs 2 per unit. Saudi Arabian firm Aljomaih […]